f. a petition in a proceeding or case under the bankruptcy laws or other insolvency laws (as now or
hereafter in effect) shall be filed and shall not be withdrawn or dismissed within sixty (60) days thereafter, or, in case the approval of such petition by a court of competent jurisdiction is required, the petition as filed or amended shall be
approved by such a court as properly filed and such approval shall not be withdrawn or the proceeding dismissed within sixty (60) days thereafter, or a decree or order for relief in respect of Lessee shall be entered by a court of competent
jurisdiction in an involuntary case under the federal bankruptcy laws, as now or hereafter constituted, and such decree or order shall remain unstayed in effect for a period of sixty (60) days, or if, under the provisions of any law providing
for reorganization or winding-up of corporations that may apply to Lessee, any court of competent jurisdiction shall assume jurisdiction, custody or control of Lessee or of any substantial part of its property and such jurisdiction, custody or
control shall remain in force, unrelinquished, unstayed or unterminated for a period of sixty (60) days. 

 For the avoidance of doubt,
no Event of Default shall occur if such status arises out of the operational control of the Aircraft by Lessor, its affiliates or agents pursuant to Section 4(d).